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Taxation & State Budget

Displaying 401 - 450 of 578 Documents

January 31, 2020

Jakarta Post - January 31, 2020

Adrian Wail Akhlas, Jakarta – The World Bank has called on the government to strengthen tax collection to stimulate growth amid tax reforms plans that will lower tax revenue.

January 17, 2020

Tempo Timor - January 17, 2020

Dili – The parliament of Timor-Leste rejected the new proposal of the government for the state budget.

January 7, 2020

Jakarta Post - January 7, 2020

Adrian Wail Akhlas, Jakarta – Indonesia's 2019 state budget deficit totaled 2.2 percent of gross domestic product (GDP), wider than the government's target of 1.8 percent due a revenue

December 24, 2019

Jakarta Post - December 24, 2019

Dyaning Pangestika, Jakarta – Local K-pop fans have expressed their disappointment on social media after the government slapped import tariffs on more e-commerce goods.

Jakarta Globe - December 24, 2019

Nasori, Jakarta – The Customs Office has tightened the rules for e-commerce imports on Monday as part of a concerted effort to protect local small businesses producing shoes, bags and

Tempo - December 24, 2019

Caesar Akbar, Jakarta – Customs Director-General at Finance Ministry Heru Pambudi announced that imported books are exempted from duty and tax including VAT or value-added tax and inco

December 19, 2019

KBR - December 19, 2019

Adi Ahdiat, Jakarta – The government has a responsibility to advance public healthcare, enlighten national life and create social justice.

December 18, 2019

Straits Times - December 18, 2019

Jakarta – The Indonesian government has delayed the handover of a sweeping tax Bill to Parliament until January, a month behind its earlier target, an official said on Wednesday (Dec 1

December 17, 2019

Jakarta Globe - December 17, 2019

Heru Andriyanto, Surabaya – The East Java Police have seized fourteen luxury cars worth billions of rupiah for a lack of valid ownership documents and unpaid taxes in recent operations

December 11, 2019

Bloomberg - December 11, 2019

Karlis Salna – Indonesia's cabinet is discussing amending a legally imposed cap on the budget deficit, which would allow the government to spend and borrow more to stimulate growth in

December 6, 2019

Jakarta Post - December 6, 2019

Jakarta – The Jakarta Tax and Levy Agency (BPRD) and the Jakarta Police are conducting joint raids on the homes of luxury car owners as part of the city administration's efforts to col

December 5, 2019

Jakarta Post - December 5, 2019

Marchio Irfan Gorbiano, Jakarta – The government will expand its tax incentive program to cover more business sectors as part of its efforts to attract investment.

December 4, 2019

Tempo - December 4, 2019

M Rosseno Aji, Jakarta – Jakarta's Tax and Levy Agency (BPRD) in conjunction with the Metro Jaya Police commenced an operation to collect tax arrears owed by luxury car owners on Tuesd

November 29, 2019

Jakarta Post - November 29, 2019

Adrian Wail Akhlas, Jakarta – Finance Minister Sri Mulyani Indrawati on Thursday shared the government's planned tax reforms, which includes relaxing income tax for Indonesian and fore

November 26, 2019

Jakarta Post - November 26, 2019

Marchio Irfan Gorbiano, Jakarta – The Taxation Directorate General will focus on expanding Indonesia's tax base next year in order to meet a tough revenue target for 2020 amid an econo

November 22, 2019

Jakarta Globe - November 22, 2019

Jakarta – President Joko "Jokowi" Widodo's omnibus law bill will introduce sweeping tax reforms ranging from reduced income and value-added taxes and zero tax on dividends to lower non

November 20, 2019

Bloomberg - November 20, 2019

Viriya Singgih and Karlis Salna – Indonesia's government is prepared to widen the budget deficit further to counter a potential deeper deterioration in the global growth outlook, Deput

November 19, 2019

Jakarta Post - November 19, 2019

Marchio Irfan Gorbiano, Jakarta – The government has indicated that the 2019 fiscal deficit could hit its worst-case estimate as it plans to keep spending despite sluggish revenue coll

November 18, 2019

Bloomberg - November 18, 2019

Viriya Singgih and Karlis Salna – Indonesia's budget deficit has ballooned to more than $20 billion and is set to widen further as Southeast Asia's largest economy struggles amid a glo

Reuters - November 18, 2019

Jakarta – Indonesia reported a near flat income in January-October compared with the corresponding period a year earlier on Monday, as revenues from some taxes shrank, underlining the

November 16, 2019

Tempo - November 16, 2019

Jakarta – The poor performance of the government in collecting tax revenues is inseparably linked to the weak economy.

November 1, 2019

Jakarta Globe - November 1, 2019

Jakarta – Finance Minister Sri Mulyani Indrawati appointed on Friday her expert assistant Suryo Utomo as the new tax director-general, tasking him to make sure the country meets this y

October 15, 2019

Jakarta Globe - October 15, 2019

Triyan Pangastuti, Jakarta – Repatriated funds from the government's tax amnesty program have yet to leave Indonesia even though the holding period for some of the funds had ended, ass

September 26, 2019

Jakarta Post - September 26, 2019

Riska Rahman, Jakarta – The government is on high alert over a possible increase in tax shortfall this year as the economic slowdown is likely to continue until the end of the year.

September 25, 2019

Jakarta Post - September 25, 2019

Jakarta – The House of Representative passed the 2020 state budget bill into law during a plenary meeting on Tuesday.

Jakarta Post - September 25, 2019

Made Anthony Iswara, Jakarta – The government has decided to suspend an export tax imposed on crude palm oil (CPO) and its derivative products until next year to ease the financial bur

September 19, 2019

Jakarta Globe - September 19, 2019

Erwin C Sihombing, Jakarta – The Jakarta Tax Office said Thursday that 20 Ferrari owners in the city have paid their luxury vehicle taxes, but warned that more than 1,400 luxury vehicl

September 16, 2019

Tempo - September 16, 2019

Marvela, Jakarta – Over a thousand cars categorized as luxury cars in the Jakarta area are reportedly in tax arrears amounting to Rp2.4 trillion.

Tempo - September 16, 2019

Larissa Huda, Jakarta – The Indonesian Tobacco Farmers Association (APTI) chairman Agus Parmuji opined the 23-percent cigarette tax hike is beyond a reasonable threshold and will highl

September 6, 2019

Jakarta Globe - September 6, 2019

Kunradus Aliandu, Jakarta – Indonesia plans to cut corporate taxes to boost domestic investment.

September 4, 2019

Jakarta Post - September 4, 2019

Marchio Irfan Gorbiano, Jakarta – The government plans to gradually lower the corporate income tax in a bid to attract more investment and boost the country's cooling economic growth.

August 31, 2019

Jakarta Post - August 31, 2019

Norman Harsono, Jakarta – Indonesia's tax office has announced several tax incentives for oil and gas contractors operating in the country.

August 21, 2019

Jakarta Globe - August 21, 2019

Nur Yasmin & Dion Bisara, Jakarta – The tax office has dashed hopes for a second tax amnesty over concerns that this may erode its credibility.

August 16, 2019

Reuters - August 16, 2019

Maikel Jefriando, Tabita Diela, Jakarta – Indonesian President Joko Widodo on Friday proposed a 2,528.8 trillion rupiah ($177.56 billion) budget to parliament for 2020, focusing spendi

August 2, 2019

Jakarta Post - August 2, 2019

Jakarta – Finance Minister Sri Mulyani Indrawati is open to the idea of giving taxpayers a second chance to come clean about assets kept abroad amid calls from the public, particularly

July 24, 2019

Jakarta Post - July 24, 2019

Jakarta – The Taxation Directorate General is now preparing a mechanism to collect taxes from all activities in the digital economy, not only trading in marketplaces, but also all acti

July 22, 2019

Jakarta Post - July 22, 2019

Jakarta – The Taxation Directorate General has revoked a regulation on individual income tax to simplify the tax calculation process and ensure legal certainty.

July 18, 2019

Jakarta Post - July 18, 2019

Bambang Nurbianto, Jakarta – Finance Minister Sri Mulyani Indrawati says the slow growth of tax revenues in the first half of 2019 was caused by the implementation of a tax refund acce

July 17, 2019

Jakarta Post - July 17, 2019

Jakarta – The Finance Ministry has projected a revenue shortfall of Rp 140 trillion (US$10.02 billion) from the revenue forecast of Rp 1.58 quadrillion in the 2019 state budget, and th

July 9, 2019

Jakarta Post - July 9, 2019

Made Anthony Iswara, Jakarta – The government and the House of Representatives on Monday agreed to revise down the tax to gross domestic product (GDP) ratio assumption for the 2020 sta

Jakarta Post - July 9, 2019

Jakarta – President Joko "Jokowi" Widodo has issued a regulation on major tax deductions aimed at boosting investment, research and development (R&D) as well as the participation o

July 5, 2019

Jakarta Post - July 5, 2019

Jakarta – Finance Minister Sri Mulyani Indrawati has revealed on Tuesday that last year's state budget recorded a deficit of Rp 269.4 trillion, or 1.81 percent of gross domestic produc

July 4, 2019

Jakarta Globe - July 4, 2019

Retno Ayuningtyas, Jakarta – The Tax Office has said it does not have enough time to execute a plan to cut the corporate income tax from 25 percent to 20 percent by the end of this yea

July 1, 2019

KBR - July 1, 2019

Adi Ahdiat, Jakarta – The government has completed the next year's draft budget for ministries and state institutions.

June 25, 2019

Tempo - June 25, 2019

Hendartyo Hanggi, Jakarta – Industry Minister Airlangga Hartarto said the government will continue making policy breakthroughs to make domestic businesses more attractive and able to d

June 24, 2019

Jakarta Post - June 24, 2019

Jakarta – Finance Minister Sri Mulyani Indrawati has expressed concern about a slowdown in tax revenue this year.

June 20, 2019

Jakarta Globe - June 20, 2019

Dion Bisara & Novy Lumanauw, Jakarta – The government is prioritizing revisions to the corporate income tax law, seeking to cut the tax rate from 25 percent to 20 percent to attrac

May 28, 2019

Jakarta Post - May 28, 2019

Jakarta – The Supreme Audit Agency (BPK) on Tuesday gave unqualified opinion (WTP) opinion, the best audit grade, for the 2018 central government financial report.

May 21, 2019

Jakarta Post - May 21, 2019

Jakarta – The government targets a tax to gross domestic product (GDP) ratio of 11.8 to 12.4 percent in 2020, compared to this year's target of 12.2 percent.